Nel ASA (NLLSF)

[uksausage]

Record order (from Nikola?)
https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/nel-rekordauftrag-20253350.html

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The Norwegian hydrogen company Nel has invested heavily in expanding its capacities in recent years. Gradually, the strategy seems to be paying off: On Monday, the company can announce a record order for alkaline electrolysers over 200 megawatts from a long-standing US customer. A liberation for the share.

Specifically, Nel is to deliver electrolyser stacks, which is a firm order worth over 45 million euros. Production and delivery is scheduled to take place between February 2023 and mid-2024. Subject to an ongoing technical study, Nel may also have the option to supply additional equipment for the project, it said.


"We are very pleased to announce Nel's largest order to date. This project will demonstrate Nel's delivery and execution capabilities on a large scale and will be a valuable reference for future large orders," said new Nel boss Håkon full dal. "It will have a significant, positive impact on Nel's finances, electrolyser product and production costs, technology development and scale-up plans."

Investors reward the major order with a price increase of ten percent. As a result, the chart image brightens up significantly for the hydrogen value. In the euro listing, the paper is scratching the 200-day line – a sustained leap above it would be another positive signal.

Nel (WKN: A0B733)
DER AKTIONÄR has repeatedly emphasized in recent months that Nel must finally land larger orders in order to justify a billion-euro valuation in the long term. The record order is a step in the right direction – the title is up three percent in early trading. The hydrogen share is still only suitable for risk-conscious investors. Before entering the market, however, further positive chart impulses should be awaited.